PPP Loan information for The chi centers, inc.

$1,906,865

The chi centers, inc. was initially approved for PPP Loan of amount $1,906,865, the current approved amount is $1,906,865. The loan was approved on 04/08/2020 by The Sandy Spring Bank reported 323 jobs and $1,906,865 was used to fund payroll.

The chi centers, inc. is Existing or more than 2 years old

PPP Loan Search / MD / SILVER SPRING / The chi centers, inc.

THE CHI CENTERS, INC.

Date Approved

04/08/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THE CHI CENTERS, INC.

Borrower Address

10501 NEW HAMPSHIRE AVE

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20903-1122

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1906865.00

Current Approval Amount

1906865.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20903-1122

CD

MD-08

Jobs Reported

323

NAICS Code

624120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1906865.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1927448.69

Forgiveness Date

05/20/2021

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